Trump Presidential Library Fund Paid by Companies He Sued Has Dissolved With No Public Accounting, Lawmakers Allege [View all]

Tens of millions of dollars that ABC, Meta, X and Paramount paid to settle Donald Trump's lawsuits, intended for his future presidential library, allegedly ended up in a fund that quietly dissolved in Florida without any public disclosure of where the money went.

Senators Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.), together with Representative Melanie Stansbury (D-N.M.), sent formal letters on March 11, 2026 to the chief executives of all four companies demanding answers about the terms of their deals and the current location of the pledged funds.

Their inquiry centres on the Donald J. Trump Presidential Library Fund, Inc., a Florida-registered nonprofit incorporated on Dec. 20, 2024 specifically to receive settlement donations, which was administratively dissolved by Florida's Department of State in September 2025 after the organisation failed to submit a mandatory annual report.

A successor entity, the Donald J. Trump Presidential Library Foundation, Inc., has since reported receiving £39.4 million ($50 million) in contributions, but it has not publicly confirmed whether that sum includes the corporate settlement payments, leaving what the lawmakers describe as a £49.7 million ($63 million) accountability gap at the heart of a sitting president's fundraising apparatus.

https://www.ibtimes.co.uk/mystery-missing-millions-trump-library-fund-1785614